Appointment of Mr. Jitendra Nayyar as Additional Non-Executive Independent Director
Nature of change: Appointment as Additional Non-Executive Independent Director
Name and DIN: Mr. Jitendra Nayyar (DIN: 06492720)
Effective date and tenure: October 30, 2026 for three consecutive years up to October 29, 2029
Profile and qualifications: Chartered Accountant with over 30 years of experience across FMCG and beverages, insurance, fintech, electric mobility and pharmaceuticals. Most recently Chief Financial Officer and Executive Director of Oister Global. Previously Chief Financial Officer and Whole-time Director of Acko General Insurance, and Chief Financial Officer of Aviva Life Insurance India. Also held CFO/Group CFO positions at Euler Motors, Zupee and Acme Solar Holdings. Began career at PepsiCo India and Coca Cola India, including stint with Asia-Pacific Financial Impact Team in Singapore. Completed Oxford Senior Executive Programme at Said Business School, University of Oxford.
Eligibility confirmation: Not related to any Director of the Company and not debarred from holding office of Director by virtue of any order passed by SEBI or any other authority.
Shareholder approval: Appointment subject to approval of shareholders of the Company
Appointment of Mr. Sumit Sharma as Additional Executive Director
Nature of change: Appointment as Additional Executive Director
Name and DIN: Mr. Sumit Sharma (DIN: 11451359)
Effective date and tenure: October 30, 2026 for three consecutive years up to October 29, 2029
Profile and qualifications: Member of Institute of Chartered Accountants of India (ICAI) with over 25 years of experience in finance, accounts, audit, risk management, capital markets, private equity, and general management. Associated with Prataap Snacks Limited for 15 years and currently serves as Chief Financial Officer (CFO). Played key role in Company's IPO, acquisitions, implementation of financial processes and SAP systems, MIS development, and fund raising from private equity investors. Previously worked with L&T-CASE Equipment Private Limited in various finance leadership positions contributing in taxation, costing, and accounting. Recognized as "Emerging CFO of the Year" by CII in Consumer Products sector and awarded by L&T under "Merit" category. Expertise in financial management, strategic planning, corporate governance, fund raising, mergers & acquisitions, and business transformation.
Eligibility confirmation: Not related to any Director of the Company and not debarred from holding office of Director by virtue of any order passed by SEBI or any other authority.
Shareholder approval: Appointment subject to approval of shareholders of the Company
Board Meeting Details
Meeting date: October 30, 2026
Approval authority: Board of Directors of Prataap Snacks Limited
Regulatory compliance: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
